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Pay off as much as you can in 2011 Challenge!

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  • Got paid last week so made another payment to mortgage - updated signature. Total so far is £4,364 paid off.
    Year 2019 (1,700/£17000mortgage repayment)Overall mortgage (71,400/165568) (44
    .1%) (42/100) payments made. Total paid 2019 year £1,700

    Total paid 2017 year £15,300Total paid 2018 year £13,600
  • skaps
    skaps Posts: 2,255 Forumite
    I have one more payment coming out next monday for this month. But get paid next monday too so should start off march quite well.
    MFW 2016 No 68 £1300/£8500 No new toiletries Cook sth different
  • sarahs999
    sarahs999 Posts: 3,751 Forumite
    So I've already smashed this month's target nad into next month's. Which is good as DH doesn't seem to have any gigs booked in (his gig money is what's paying off the majority of our debt).

    Have managed to sell a couple of things on eBay today though so got some monies adding up to put in. Keep going all! We need to get to £166k all paid off by the end of Feb if we're to keep on target for our £1 million payoff by the year's end...
  • Is it too late to join have indicated my targets in my signature but would love to join the challenge to up the ante re my motivation. its pay day on friday so hopefully will get the chance to chip away so far my total is £510/10000
    a bit of a way to go but hey its feb and I am positive it can be done
    misselvis proud and in motion - dealing with her debts step by step :)DFW #107
    challenge pay off 6.5k by the end of 2017~ £388/£6500 challenge 1% challenge = 6% of debt cleared; challenge - build up 3 months emergency fund- £0/£6000
  • fedupandskint
    fedupandskint Posts: 10,358 Forumite
    Part of the Furniture Combo Breaker
    Thanks jwii, my total is correct and next debt busting will be in March so should be able to pay off £5000 this year and may get to higher than that total for the year. I'll leave it at £5000 for now and wait and see how much to increase it to when I'm closer to it
    final unsecured debt to repay currently £8333
    Proud to be Dealing With my Debt
    DFW Nerd 1154 Long Haul 155
  • HI all managed to sell some stuff on ebay and with normal payments my grand total is 408.68
    #Sealed pot #085.
    1 debt versus 100 days £108.32/£300:j
    Debt Jan 2016 £6877.37. Aug £6155.56
    xmas saving £1 a day 274/366.
  • Hiya

    Just a quick update for you, I'm now at
    £150.00 / £2883.37

    xx
  • Hi,

    Well done sarahs999 on hitting this and next moonths target early.

    I'll not be posting till the 1st of March I'm afraid so will remain behind schedule for a bit.

    All the best everyone.

    polka purpura
    PAD to date: £1166-22

    Pay off as much as you can #127: £4,600 (£2,300 debt / £2,300 saved)in 2011.£660 / £4,600.(debt paid 28.7%; target 14.3%).

    Sealed pot challenge 1292: £0 (target £600 by 31-12-11)
  • lou06
    lou06 Posts: 75 Forumite
    Morning

    Regular DD of £200 paid to Egg this morning, I do have other cards only paying the minimum payment as they are on 0%, they are going to be ending in May, so hopefully will have Egg sitting at a more reasonable balance.

    Does anyone know if Tesco give 0% deals for existing customers. I have used their card for year's but can't think of a time they have offered 0%.

    JWIL hope you had a lovely break!

    updated figures below Thank You x

    17. Lou06 - £526.36/£8,500
    Pay off as Much as You Can Challenge 2011 £8.5K Jan '11 £1,901.80/£8,500.00
    Cracking the Egg Card @ 19.9% 16/12/10 = £3570.64
    MBNA @ 0% = £1,358.72
  • jwil
    jwil Posts: 22,080 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Thanks for the updates everyone, and welcome to misselvis! Good luck with the debtbusting!

    I've got a lot going on at home at the moment, so debtbusting is not going as well as it should. My loan payments start next month though, so that's going to be a good whack of reduction each month.

    I'll do the totalising the same as last month - everything up to midnight on 28th will be counted as a February total, and everything after midnight will be counted as a March total. I should then be able to post the total on the morning of the 1st at some point.

    I'm looking forward to seeing how we are getting on!
    "Good financial planning is about not spending money on things that add no value to your life in order to have more money for the things that do". Eoin McGee
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